West Midlands Claims Biggest Devolution Windfall Ever! Levelling Up Secretary and Mayor Andy Street have sealed a game-changing deal handing local leaders more cash and clout than ever before.
£160 Million Regeneration Boost
- The package includes up to £160 million for regeneration projects, plus new powers over transport, skills, culture, and more.
- West Midlands will now control its own spending with a fresh funding settlement and keep local business rates.
£400 Million Investment Pledged by 2026
- This deal marks the biggest power and funding shift from Whitehall in 123 years.
- The government promises to pump £400 million into the region by 2026.
Extra Cash for Infrastructure
- Another £100 million set aside for brownfield site redevelopment.
- £60 million committed to extending the Metro line, improving connectivity.
Just days after the West Midlands was named one of 12 new Investment Zones, it will also benefit from £80 million over five years and enticing tax breaks to kickstart local growth.
Originally published by UKNIP.
